Global stock markets gained on Tuesday (Nov 12) as President Donald Trump said the United States (U.S.) is close to signing an initial trade deal with China but offered no new details about negotiations. Trump said U.S. and Chinese negotiators were “close” to a “phase one” trade deal, but largely repeated well-worn rhetoric about China’s “cheating” on trade in remarks at The Economic Club of New York, Reuters reported.

To subscribe please click here